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    701 Central Park Dr Cedar Park, TX 78613

    For Lease
    Contact for pricing

    Class A retail space, multiple units available. High-traffic location.

    Lot size:
    300,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    364
    This exceptional Class A retail property, known as the Cedar Park Professional Center, offers an unparalleled opportunity for businesses seeking prime commercial space in Williamson County. The building boasts a total of 300,000 square feet spread across nine stories, providing ample room for a variety of retail ventures. Currently, a significant portion of the building is vacant, totaling 297,000 square feet, presenting a unique chance to secure substantial contiguous space. Individual units range from a minimum of 72,000 square feet to a maximum contiguous space of 112,500 square feet, offering flexibility for businesses of various sizes. Six spaces are currently available for lease. The property's multiple tenancy structure allows for diverse occupancy, creating a vibrant and dynamic commercial environment. Its prime location in Williamson County ensures high visibility and accessibility, attracting a large customer base. This is an ideal opportunity to establish or expand your retail presence in a thriving market. The building's "A" class designation reflects its superior construction, modern amenities, and excellent overall condition. Don't miss this chance to secure your place in this exceptional retail center.

    Property Features for 701 Central Park Dr

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    300,000 SF
    Class
    A

    Building Details

    Stories
    9

    Unit(s) available at that property

    Space
    Bldg 2, 1st Floor
    Size
    37,500 SF
    Space
    Bldg 3, 1st Floor
    Size
    37,500 SF
    Space
    Bldg 2 2nd Floor
    Size
    37,500 SF
    Space
    Bldg 2, 3rd Floor
    Size
    37,500 SF
    Space
    Bldg 3, 2nd Floor
    Size
    37,500 SF
    Space
    Bldg 3, 3rd Floor
    Size
    37,500 SF

    HighLights

    • Retail property totaling 300,000 square feet.
    • Multiple tenancy available, with spaces ranging from 37,500 to 112,500 contiguous square feet.
    • Currently, 297,000 square feet is vacant.
    • Class A building with nine stories.
    • Located in Williamson County.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Cedar Park
    County
    Williamson
    State
    Texas
    Longitude
    -97.8273302
    Latitude
    30.5243842

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    FAQs

    What type of property is this?
    Retail property - Class A retail space, multiple units available. High-traffic location.
    Where is this retail property located?
    The property is located at 701 Central Park Dr Cedar Park, TX.
    What are key features of this property?
    This property features: Retail property totaling 300,000 square feet.; Multiple tenancy available, with spaces ranging from 37,500 to 112,500 contiguous square feet.; Currently, 297,000 square feet is vacant.
    Request Owner's contact information
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    Cedar Park, TX 78613
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    701 Central Park Dr Cedar Park, TX 78613
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